takaful
Malaysia rolls out voucher scheme to boost financial inclusion amongst gig workers
Malaysia rolls out voucher scheme to boost financial inclusion amongst gig workers
It gives recipients $7.10 (RM30) to buy insurance or takaful products.
APAC’s takaful insurance market to grow fastest with 18.4% CAGR by 2032
Globally, the market is projected to bag $126.8b by 2032.
Over 90% of medical, health insurance and takaful policies saw hikes below 10%
The government has also rolled out the RESET initiative.
FWD Insurance, IBPO Group Berhad launch inclusive life cover with loan financing
Both are Shariah-compliant.
RHB signs bancassurance deals with Tokio Marine Life, Takaful Malaysia
RHB will distribute life insurance, family takaful, and general takaful products.
Indonesian takaful eyes mergers as capital needs tighten: Fitch Ratings
More than 70% of takaful windows must be spun off by end-2026.
Pru Life UK launches Shari’ah-compliant life plan in Philippines
It has a a minimum annual contribution of $4.25 (₱250).
Zurich Takaful rolls out plan with payouts up to 12%
Only 58% of Malaysians are actively saving for the future.
Malaysia’s takaful industry poised for growth amidst regulatory reforms
New entry requirements for digital insurers and takaful operators aim to improve viability.
Takaful insurance market to grow at 9.41% CAGR
It was valued at $45.51b last year.
Malaysian insurers to cap premium hikes, ensure affordability
Insurers will cap annual premium hikes below 10%.
Etiqa launches Singapore’s first takaful insurance product in years
Demand for Islamic financial products from the Middle East and Southeast Asia is growing.
Pru Life UK, AAIIBP boost Islamic finance
It also partnered with Al Amanah Islamic Investment Bank to promote Islamic finance.
New policy caps Malaysia’s health, takaful premium hikes under 10%
Medical cost inflation in Malaysia reached 15% in 2024.
Etiqa, Maybank launch Singapore's first Takaful in 10 years
The plan combines ethical investment options with flexible wealth accumulation.
Malaysia orders insurers, takaful firms to review repricing strategies amidst concerns
Firms are asked to offer options to impacted policyholders.
Zurich Malaysia offers motorcycle insurance on Shopee
It includes add-ons like passenger liability, natural disaster protection, and strike coverage.
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